Bitcoin News Today: Bitcoin ETFs Lose $85M as Ethereum ETFs Gain $296M Amid Market Rotation

Bitcoin exchange-traded funds (ETFs) have experienced a notable resurgence in institutional inflows as the cryptocurrency’s price climbed to $119,000 in late July 2025, yet recent daily outflows have raised concerns about short-term stability. Total ETF holdings reached 600,000 BTC, reflecting a sustained increase in demand since the start of the year. However, a net outflow of $85.96 million recorded on July 23, 2025, highlights the market’s volatility amid macroeconomic pressures and profit-taking [1].

The inflow pattern aligns with Bitcoin’s price trajectory, which began at $46,000 in early 2025 and surged to $119,000 by July. Historical data shows a consistent correlation: inflows exceeded 200,000 BTC by March as prices reached $70,000, and cumulative inflows surpassed 400,000 BTC by December when Bitcoin hit $100,000. After a brief slowdown in April—during which prices dipped to $85,000—ETFs regained momentum, pushing holdings to 600,000 BTC by mid-July [1].

BlackRock’s iShares Bitcoin Trust (IBIT) emerged as the largest contributor to recent inflows, adding $142.56 million on July 23, 2025. IBIT now holds $87.26 billion in assets, representing 3.72% of Bitcoin’s total market capitalization. Conversely, Fidelity’s FBTC recorded the largest single-day outflow of $227.24 million, despite maintaining $24.22 billion in total assets. Grayscale’s GBTC reported no net inflows, with cumulative outflows reaching $23.54 billion [1].

The mixed flow of capital underscores a broader tug-of-war between bullish institutional demand and short-term volatility. While ETFs collectively held $153.25 billion in assets as of July 23—accounting for 6.53% of Bitcoin’s market cap—daily outflows revealed shifting investor strategies. Over the past week, U.S. Bitcoin ETFs recorded $67.94 million in outflows on two consecutive days, contrasting with $2.39 billion in inflows reported on July 21 [1]. This divergence suggests market participants are balancing long-term positioning with near-term profit-taking.

The recent outflows coincided with a broader rotation into altcoin ETFs, particularly Ethereum. U.S. Ethereum ETFs saw $296 million in inflows on July 22, marking a significant shift in focus. Ethereum’s ETFs have consistently attracted capital, including a record $534 million in single-day inflows on July 12 [1]. Analysts at Mint Ventures note that Bitcoin’s bull market may face sustainability challenges as deviations in capital inflows and weak consolidation phases raise questions about long-term momentum [1].

Ethereum’s ETF growth has been driven by renewed interest in decentralized finance (DeFi) and regulatory clarity for certain altcoins. However, Bitcoin’s institutional appeal remains strong, with BlackRock and Fidelity leading inflow activity despite outflows. The contrast in performance between Bitcoin and Ethereum ETFs highlights a broader capital reallocation dynamic, though Ethereum’s gains remain speculative without further confirmation of sustained demand [1].

Regulatory uncertainty further complicates the landscape. The SEC’s recent pause of a Bitwise ETF application has introduced potential headwinds, signaling ongoing scrutiny for the sector. Meanwhile, Bitcoin’s price has remained resilient, climbing above $66,000 in mid-July amid renewed institutional buying. The challenge for market participants lies in distinguishing between transient volatility and structural shifts, as conflicting data points—large inflows followed by rapid outflows—underscore the market’s complexity [1].

[1] [Bitcoin News Today: U.S. Spot Bitcoin ETFs Record $67.94M Outflows](https://www.ainvest.com/news/bitcoin-news-today-spot-bitcoin-etfs-record-67-94m-outflows-day-bitb-arkb-lead-profit-macro-pressures-drive-exits-2507/)

[2] [Bitcoin ETF Inflows Hit $2.39B as Institutional Demand Roars Back](https://www.tradingnews.com/news/crypto)

[3] [Ethereum ETFs Are Exploding! $296 Million Inflows as Bitcoin Bleeds $131 Million in One Day](https://m.economictimes.com/news/international/us/ethereum-etfs-are-exploding-296-million-inflows-as-bitcoin-bleeds-131-million-in-just-one-day/articleshow/122837955.cms)

[4] [Ethereum Is Leading the Market. U.S. Spot ETH ETFs Pulled in $534 Million in Single-Day Inflows](https://www.theblock.co/post/364014/the-daily-goldman-bny-tokenization-push-ethereums-demand-shock-50-trillion-crypto-forecast-and-more)

[5] [Mint Ventures: Is the BTC Bull Market Coming to an End?](https://news.futunn.com/en/post/59515722/mint-ventures-is-the-btc-bull-market-coming-to-an)

[6] [Ethereum Has Drawn Billions in ETF Inflows and DeFi Activity This Quarter](https://www.barchart.com/story/news/33577110/missed-out-on-ethereum-and-xrp-over-25-000-early-movers-big-on-this-next-gen-ripple)

[7] [Crypto Market Update: SEC Pauses Bitwise ETF](https://investingnews.com/cryptocurrency-market-recap/)